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SW Arkansas Times

Thursday, December 26, 2024

2023 sees Columbia County investing $436,001 in men’s basketball teams

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Dr. David Rankin, Interim President | Southern Arkansas University Main Campus

Dr. David Rankin, Interim President | Southern Arkansas University Main Campus

Columbia County spent $436,001 on men’s collegiate basketball teams in 2023, representing a 9.6% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $803,463, with the men’s team receiving $436,001.

Since 2010, the average sports expenses in Columbia County have grown 108.2%.

Basketball is one of the most popular sports played at U.S. colleges, as well as football. NCAA basketball teams are often as popular as NBA teams, and offer a different experience for fans.

In 2022, after a decades-long fight, student-athletes nationwide gained the right to profit from their names, likenesses, and images as a result of a flurry of new state laws and an NCAA policy change.

The basketball fund received around 168.57 million dollars from NCAA revenue in 2020–21.

Men’s Basketball Team's Expenditures of Columbia County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$436,0017%$6,198,701
2022$397,6656.7%$5,936,966
2021$302,9897.4%$4,112,315
2020$328,0556.6%$4,933,272
2019$328,3406.1%$5,373,571